Ownership group of Boston Celtics putting team up for sale


Majority owner Wyc Grousbeck of the Boston Celtics holds up the Larry O’Brien Championship Trophy after Boston’s 106-88 win against the Dallas Mavericks in Game Five of the 2024 NBA Finals at TD Garden on June 17, 2024 in Boston, Massachusetts. Adam Glanzman/Getty Images/AFP

BOSTON — The ownership group that controls the NBA champion Boston Celtics says it intends to sell all its shares of the team.

In a statement released Monday, Boston Basketball Partners LLC said it intends to sell the majority of its shares in 2024 or early 2025. The balance of its shares would then close in 2028.

Wyc Grousbeck, whose family leads the ownership group, is expected to remain the team’s NBA governor until the sale is complete.

“The controlling family of the ownership group, after considerable thought and internal discussion, has decided to sell the team for estate and family planning considerations,” the statement said.

The Celtics defeated the Dallas Mavericks in the NBA Finals last month to capture the franchise’s 18th championship.

READ: NBA: Celtics’ Brad Stevens expects only roster tweaks in repeat bid

Boston Basketball Partners — led by venture capitalist Grousbeck, his father and investor H. Irving Grousbeck, along with venture capitalist Steve Pagliuca — purchased the Celtics for $360 million from the Gaston family in 2002. The Gastons had owned the team since 1983.

One of the NBA’s original and storied brands, the Celtics were valued at $4.7 billion last year by Forbes, placing them behind only the Golden State Warriors ($7.7 billion), New York Knicks ($6.6 billion) and Los Angeles Lakers ($6.4 billion).

The current ownership group was in charge when the Celtics won the NBA title in 2008.

READ: Boston salutes Celtics’ record 18th NBA championship with parade 

In an email to Celtics staff that was obtained by The Associated Press, Wyc Grousbeck wrote they are “committed to finding a worthy incoming ownership group who will guide the Celtics to more decades of success.”

He added: “There will be a thoughtful and thorough process to find a buyer that recognizes the importance of Celtic Pride on the court and in the community.”

Last year, the Phoenix Suns were purchased by mortgage firm owner Mat Ishbia for $4 billion. That was followed by the sale of the Milwaukee Bucks to Cleveland Browns owners Jimmy and Dee Haslam for $3.5 billion. Last November, Mark Cuban agreed to the sale of the majority of his Dallas Mavericks’ ownership shares to Miriam Adelson and son-in-law Patrick Dumont, who operates the Las Vegas Sands casino company, for $3.5 billion.



Your subscription could not be saved. Please try again.


Your subscription has been successful.

Boston salutes Celtics’ record 18th NBA championship with parade


Boston Celtics’ Jayson Tatum celebrates the team’s NBA basketball championship during a duck boat parade Friday, June 21, 2024, in Boston. (AP Photo/Michael Dwyer)

BOSTON — The Celtics entered the season vowing to turn recent playoff heartbreaks into happiness.

Eight months later, they toasted the franchise’s 18th NBA championship in what has become the signature Boston celebration, joined Friday by a huge crowd for a duck boat parade to mark the 13th championship won this century by one of the city’s franchises in the four biggest U.S. sports leagues.

The Celtics, Patriots, Red Sox and Bruins have all commemorated championships by jumping aboard the duck boats — amphibious vehicles usually ridden by sightseeing tourists.

In Boston, firing up the boats for a slow cruise down city streets has become synonymous with its feeling of sports supremacy. Friday’s parade was the latest component of what has been a rolling salute to the Celtics since they finished off the Dallas Mavericks in five games in the NBA Finals on Monday night.

Starting at TD Garden, the procession lasted about 90 minutes, turning first onto Causeway Street in front of the arena, past City Hall, through Boston Common, down Boylston Street and ending at Hynes Convention Center.

READ: Celtics look to become first repeat NBA champion since 2008

Along the way, there were plenty of moments for the city to salute a franchise that just broke a tie with the rival Los Angeles Lakers for the most titles in league history. Fans marked the moment by hanging on light posts, flashing homemade signs or standing on subway entrances.

“It’s unbelievable. It still doesn’t seem true. But just trying to stay in the moment,” All-Star Jayson Tatum said during a pre-parade rally at the Garden.

Celtics owner Wyc Grousbeck gave fans an early treat about 90 minutes before the trade began.

He was attempting to drive to the arena with the Larry O’Brien Trophy and newly made 2024 championship banner along with his wife, Emilia Fazzalari, and their daughter.

They couldn’t get through because of traffic and barricades. So they walked a half-mile down Causeway Street, passing by a sea of fans while carrying the trophy and banner.

Inside the Garden, the rally included players and their family members, members of the Celtics organization, arena staff, season ticket holders and guests including Massachusetts Gov. Maura Healey and Boston Mayor Michelle Wu.

After celebrating in the locker room Monday night by spraying Champagne and posing for pictures with the trophy, the team flew to Miami for a private party.

When the Celtics returned Wednesday, coach Joe Mazzulla took the party back to people, allowing fans to see the trophy up close — and in some cases touch it — while he carried it through Boston’s famed North End.

“I drove all the way from Ohio (Wednesday) because we were coming for the parade,” Celtics fan Jason Hawkins told Boston’s ABC affiliate, WCVB-TV. “I touched trophy, man. I got video of it.”

The golden basketball was on display for all to see Friday as players, flanked by Celtics personnel and members of their families, waved and interacted with fans.

The Celtics broke every huddle this season by saying, “Together.”

Jaylen Brown said Friday the theme for this year’s team was unity.

“Whatever it took for us to win, that’s what I was willing to do,” Brown said.

As much as the day was a celebration of that team-first mantra that Mazzulla championed this season, it was also the culmination of mission that stars Brown and Tatum began after each was drafted third overall — Brown in 2016 and Tatum a year later.

The duo made it to four conference finals and one NBA Finals — a loss to the Golden State Warriors in 2022 — before finally reaching the league pinnacle. Brown earned Finals MVP honors, which he said also belonged to his “partner in crime.”

While the city had to wait nearly two decades for this celebration, the Celtics are in a solid position to try to become the NBA’s first back-to-back champions since the Warriors in 2018.

All five starters — Tatum, Brown, Jrue Holiday, Derrick White and Kristaps Porzingis — are under contract for next season. After having secured long-term extensions with Brown, Holiday and Porzingis, the Celtics are expected to do the same with Tatum and White this summer.



Your subscription could not be saved. Please try again.


Your subscription has been successful.

Reserve Luke Kornet didn’t let fans forget the Celtics’ history of titles, leading fans on a count from one to 18 at the end of the parade route.

Their message to the city is clear: Keep the duck boats gassed up.

Jayson Tatum says past pain inspired Boston Celtics


Jayson Tatum #0 of the Boston Celtics celebrates during the closing seconds of the fourth quarter of Game Five of the 2024 NBA Finals against the Dallas Mavericks at TD Garden on June 17, 2024 in Boston, Massachusetts. Elsa/Getty Images/AFP

Jayson Tatum said the bitter sting of past postseason defeats powered the Boston Celtics to their record-breaking 18th NBA championship on Monday against the Dallas Mavericks.

The 26-year-old Celtics star produced a masterful 31-point performance as Boston completed a 4-1 series triumph with a resounding 106-88 victory.

The win couldn’t have been sweeter for Tatum, who just over a year ago was being derided as a playoff “choker” after the Celtics suffered a traumatic game seven home court defeat to Miami in the Eastern Conference finals.

That shattering loss came a year after the Celtics had lost 4-2 to Golden State in the NBA Finals, with the Warriors clinching the series on Boston’s home court.

Tatum said those back-to-back defeats had left Boston with a “relentless” desire to finally close out a championship.

READ: Celtics rout Mavericks to win record 18th NBA championship

“It took being on the other side of this and losing in the Finals and being at literally the lowest point in a basketball career that you could be, to next year, to the following year, thinking that was going to be the time, and come up short again,” Tatum said.

“Coming up short and having failures makes this moment that much better. Because you know what it feels like to lose.

“You know what it feels like to be on the other side of this and be in the locker room and hearing the other team celebrating, hearing them celebrate on your home floor.

“That was devastating.”

Tatum though was all smiles on Monday after finally entering the NBA’s winner’s circle.

“It’s a hell of a feeling,” Tatum said. “I dreamed about what it would be like, but this is 10 times better.”

Celtics coach Joe Mazzulla, who at 35 is the youngest head coach to win an NBA crown since Bill Russell in 1968 at the age of 34, said past disappointments had forged a determination to succeed amongst his players.

READ: Celtics’ Joe Mazzulla goes from Division 2 coach to NBA champion

“It really starts with them,” Mazzulla said. “You can’t have a philosophy or a way of playing if you don’t have a group of guys that are willing to buy into it and be disciplined.

“Quite honestly, this group of guys has been through so much in the league, they know what it takes.”

The Celtics win was also a personal triumph for Mazzulla, who was thrust into the head coaching role in the 2022-2023 season after the abrupt departure of predecessor Ime Udoka due to a sex scandal.

After last year’s playoff flop against Miami, several pundits called for Mazzulla to be fired.

The Boston coach however maintained that taking disappointment in his stride had been part of his and the Celtics success.



Your subscription could not be saved. Please try again.


Your subscription has been successful.

“I think just having an understanding that praise and criticism are both just as dangerous,” Mazzulla said. “If you don’t handle them well, and I think we talked about that as a team this year, like winning is just as dangerous as losing if you don’t handle it well.

“I think our guys handled winning the right way by, whether we won or lost, we just moved on to the next game.”

NBA Finals Game 5 Boston Celtics-Dallas Mavericks


2024 NBA Finals schedule (June 18, Game 5)

8:30am – Boston Celtics at Dallas Mavericks

FULL NBA FINALS SCHEDULE HERE.

NBA Finals: Rookie leaving an impression as Mavs try to stay alive

Boston Celtics players sit on the bench during the final moments of their loss to the Dallas Mavericks in Game 4 of the NBA finals, Friday, June 14, 2024, in Dallas. (AP Photo/Julio Cortez)

Poised for an NBA coronation in Dallas, the Boston Celtics instead suffered the most lopsided Finals loss in franchise history, but with a 3-1 series lead Jaylen Brown says there’s no need to panic.

“These are the moments that can make you or break you,” Brown said after the Mavericks demolished the Celtics 122-84 in game four of the best-of-seven championship series. FULL STORY

NBA Finals: Rookie leaving an impression as Mavs try to stay alive

Dereck Lively NBA Finals Dallas Mavericks

Dallas Mavericks center Dereck Lively II (2) scores against the Boston Celtics during Game 4 of the NBA basketball finals, Friday, June 14, 2024, in Dallas. (Stacy Revere/Pool Photo via AP)

Dereck Lively II drained the first 3-pointer of his career, forced a missed layup at the other end and ping-ponged back down the court to slam home an alley-oop pass.

The Dallas Mavericks didn’t trail again in Game 4 of the NBA Finals against Boston following that first-quarter sequence from their 7-foot-1 rookie center.

And while a series loss to the Celtics with the title on the line still seems inevitable, the 20-year-old from Duke has left an impression on the global basketball stage. FULL STORY

NBA Finals: Celtics back home with chance to clinch record 18th title

Boston Celtics vs Dallas Mavericks Game 4 NBA Finals

Boston Celtics forward Jayson Tatum (0) and guard Jrue Holiday react as Dallas Mavericks guard Kyrie Irving (11) and forward P.J. Washington walk off away after the Celtics won 109-66 in Game 3 of the NBA basketball finals, Wednesday, June 12, 2024, in Dallas. (AP Photo/Sam Hodde)

BOSTON — The Boston Celtics’ catastrophic performance in Game 4 of the NBA Finals gave them a chance to clinch another championship on Monday night under the 17 banners already hanging in the TD Garden rafters.

And, coach Joe Mazzulla reminded them, that they would still have two more chances after that.

“We don’t like to lose,” Celtics guard Jaylen Brown said before practice on Sunday. “I think we are ready for Game 5. I think that’s the best answer that I’ve got. I think that we’re ready. We’re at home. And we’re looking forward to it.” FULL STORY

In hostile Boston, Mavs’ Irving aims to keep focus on NBA Finals

Kyrie Irving Dallas Mavericks vs Boston Celtics NBA Finals

Kyrie Irving of the Dallas Mavericks looks to pass the ball during the third quarter against the Boston Celtics in Game Two of the 2024 NBA Finals at TD Garden on June 09, 2024 in Boston, Massachusetts.  (Getty Images via AFP)

NEW YORK – Resigned to the villain’s role in Boston, Dallas star Kyrie Irving is less concerned with silencing hostile Celtics fans than with quieting self doubt and leading the Mavs in a must-win NBA Finals game five.

“Let’s just call it what it is,” Irving said Sunday as the Mavs prepared to try once again to fend off elimination in the championship series, in which they trail the Celtics 3-1.

“When the fans are cheering ‘Kyrie sucks’ they feel like they have a psychological edge, and that’s fair,’” said Irving, who was hounded by Celtics fans still rankled by his departure in 2019 after two seasons with the team. FULL STORY



Your subscription could not be saved. Please try again.


Your subscription has been successful.

Read Next

Don’t miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS:

For feedback, complaints, or inquiries, contact us.

In hostile Boston, Mavs’ Irving aims to keep focus on NBA Finals


Kyrie Irving of the Dallas Mavericks looks to pass the ball during the third quarter against the Boston Celtics in Game Two of the 2024 NBA Finals at TD Garden on June 09, 2024 in Boston, Massachusetts.  (Getty Images via AFP)

NEW YORK – Resigned to the villain’s role in Boston, Dallas star Kyrie Irving is less concerned with silencing hostile Celtics fans than with quieting self doubt and leading the Mavs in a must-win NBA Finals game five.
“Let’s just call it what it is,” Irving said Sunday as the Mavs prepared to try once again to fend off elimination in the championship series, in which they trail the Celtics 3-1.
“When the fans are cheering ‘Kyrie sucks’ they feel like they have a psychological edge, and that’s fair,’” said Irving, who was hounded by Celtics fans still rankled by his departure in 2019 after two seasons with the team.
Amid the jeers he delivered two sub-par performances in games one and two, the Mavs eventually falling 0-3 down before a blowout victory in game four to extend the series.
“Of course, if I’m not making shots or turning the ball over, that makes it even more of a pressing issue that they can stay on me for,” Irving said.
“I think in order to silence even the self-doubt, let alone the crowd doubt, but the self-doubt when you make or miss shots, that’s just as important as making sure I’m leading the team the right way and being human through this experience, too, and telling them how I feel.”
Sunday’s victory ended Irving’s own 13-game losing streak against the Celtics.
He’s cognizant of his complicated personal history with the team, which he said stretches back further than his petulant demonstrations when his Brooklyn Nets were swept by the  Celtics in the first round in 2022.
He said Sunday it started when he arrived in Boston in 2017, when he failed to engage with the history of the storied franchise or, as he put it “the cult that they have here.
“That’s what they expect you to do as a player,” Irving said. “They expect you to seamlessly buy into the Celtics’ pride, buy into everything Celtics. And if you don’t, then you’ll be outed.
“I’m one of the people that’s on the outs,” he added with a laugh. “I did it to myself.”
Now Irving is more concerned with the task facing the Mavericks as they try to become the first NBA team to erase an 0-3 deficit to win a playoff series.
“Most importantly, (it’s) not making this about me or getting into the energy with anyone else other than my teammates,” Irving said, adding that the Mavs must think “about the goal that we have in front of us as best we can, and try not to get tired of everyone talking about the history that has not been made.”
Irving, who won a title alongside LeBron James in Cleveland in 2016, said he had encouraged his teammates — many in the Finals for the first time — to embrace and enjoy the moment.
“We got a chance to accomplish one of our goals, which is to make it back to Boston,” Irving said. “We have another goal in front of us, and that’s to make it back to Dallas.”



Your subscription could not be saved. Please try again.


Your subscription has been successful.

Irving ends skid vs Celtics, Mavs try again in Boston


Dallas Mavericks guard Kyrie Irving, center, drives to the basket against the Boston Celtics during the first half in Game 4 of the NBA basketball finals, Friday, June 14, 2024, in Dallas. (AP Photo/Julio Cortez)

DALLAS — Kyrie Irving’s personal 13-game losing streak against the Celtics is over.

Now it’s back to the parquet floor in Boston to face his former team again, the Dallas Mavericks still alive in the NBA Finals after avoiding a sweep with a 122-84 blowout in Game 4 on Friday night.

The first two road games in this series weren’t Irving’s best, the two in Dallas quite a bit better despite a Game 3 loss that left the Mavs with a deficit no NBA team has overcome to win a playoff series.

Combine that with much more of an impact from the role players around Irving and co-star Luka Doncic, and maybe the constant booing of Irving from the jilted fans in Boston won’t ring quite as loudly in Game 5 on Monday night.

Plenty of green-clad Celtics fans were planning a celebration in Texas, but the loud cheers early when the game was close didn’t last long.

READ: NBA Finals: Kyrie Irving says Mavericks change ‘starts with me’

“You saw all those Celtics fans in there tonight. They travel in packs,” said Irving, who spent two seasons in Boston. “When we go to Boston, there’s going to be a bunch of them yelling a whole bunch of crazy stuff still, but I think we’ve been able to grow and face kind of this adversity head on.

“We’re figuring out each other in a crazy way during the highest stage of basketball,” Irving said. “So it’s a beautiful thing, but it also can be chaotic if you don’t know how to stay poised through it.”

If the Mavericks are to become just the 12th of 157 teams to force a Game 6 after falling behind 3-0 — and get the title series back to Dallas — the supporting cast for Irving and Doncic will have to keep it up.

Dereck Lively II connected on a 3-pointer for the first time in his career — exactly seven months after the the second of the two regular-season attempts from beyond the arc by the 7-foot-1 rookie center.

At one point in the second half, Lively had 12 rebounds, his final total, to 16 for Boston. No wonder Dallas outscored the Celtics 60-26 in the paint, where Lively scored the other eight of his 11 points.

READ: Kyrie Irving channeling 2016 as Mavericks plot NBA Finals rally

Dante Exum hit two 3s and had another taken away when replay revealed he had stepped out of bounds. The buckets from deep were coming from so many Dallas players — 14 of 23, although those numbers were skewed a bit by the blowout — it didn’t matter that Doncic and Irving combined to go 1 of 14.

“It’s five people on the floor,” Doncic said. “So that’s huge for us. Everybody played with a lot of energy. That’s how we got to do it. We got to think the same way in Game 5 in Boston.”

Doncic scored 25 of his 29 points in the first half, while Irving had 10 of his 21 in the third quarter to help push a 26-point halftime lead to 38 before all starters were out of the game for good late in the third.

Lively’s games in the finals have somewhat mirrored those of Irving, his fellow Duke alum. The 20-year-old was mostly quiet in Boston. The two games in Dallas put him in the company of Magic Johnson as the only rookies with consecutive double-doubles in the NBA Finals.

He replaced starter Daniel Gafford earlier than in any of the previous finals games, and coach Jason Kidd said Lively just happened to be in the right spot — the right corner — when he hit the 3 to put Dallas ahead for good about three minutes later.

It’s unlikely Lively will start at this point — something he did early in his rookie season — but the crowd probably will notice when he heads to the scorer’s table for the first time back in Boston.

“If they leave me open in the corner, I’m going to get them up, for sure,” Lively said. “It’s just having that trust. Luka is going to give me the ball. As soon as I shot it, he kind of jumped for joy when it went in.”



Your subscription could not be saved. Please try again.


Your subscription has been successful.

Irving is still trying to find some joy in Boston, and he gets another chance this season.